The Federal Reserve has promised to use "our full range of tools" to help the economy recover from its coronavirus slump.
The Fed acknowledged in a Wednesday statement that "economic activity and employment have picked up somewhat in recent months" after a massive plunge early in the coronavirus pandemic. Still, the Federal Reserve Board voted to keep interest rates low, between an expect 0 and 0.25 percent, "until it is confident that the economy has weathered recent events."
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